Answer
Ideally, assets are defined as the probable future economic benefits obtained or rather controlled by a particular enterprise as a result of past events or even transactions. In this case, if a building is leased under capital lease, then the future economic benefits of using the building are controlled by the lessee (in this case the tenant) as a result of the past event (which is the signing of the lease agreement).
Work Step by Step
In accounting terms, the asset is typically property such as a building or a space in a building and for that the lessee contracts with the lessor for the right to use the property in exchange for a series of scheduled payments over a agreed period of time.
